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POINT OUT REDEFINING GOVERNANCE nation-Wide direct transfer of cash subsidY on lPg » poiNt oUt BUReAU A fter launching the scheme for direct transfer of Liquefied Petroleum Gas (LPG) subsidy to consumers across India named PAHAL, Union Government has come up with the A 24x7 web based solution to provide LPG consumers an integrated solution to carry out all services from the In line with the Government’s Digital India Campaign, the Ministry of Petroleum & Natural Gas has unveiled a 24X7 web based application at www. mylpg.in to provide LPG consumers, an integrated solution for carrying out all services related to supply of cooking gas from the comfort of their home. 36 maY <strong>2015</strong>
comfort of their home. In line with the Government’s Digital India Campaign, the Ministry of Petroleum & Natural Gas has unveiled a 24X7 web based application at www.mylpg.in to provide LPG consumers, an integrated solution for carrying out all services related to supply of cooking gas from the comfort of their home. This portal offers several services to LPG consumers across the three Public Sector Oil Marketing Companies i.e. Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd. and their distributors. These services include registration for new connections, refill booking, track delivery status, rate your distributor, change your distributors, surrender your connection and give up LPG subsidy. The portal empowers consumers by bringing complete transparency in LPG related information. The site is already a huge success with 44 million hits from 3.4 million consumers in a spam of two months. The direct benefit of subsidy will cover 15 crore LPG consumers and is the largest direct cash transfer scheme in the world. Under this section, LPG will be sold to consumers at the market rate while the subsidy will be directly credited to their bank accounts as per entitlement. Direct transfer of subsidy will reduce the 37 Petroleum & Natural Gas Minister Dharmendra Pradhan has already urged ministers, MPs, MLAs, senior government officials and executives of public sector companies to give up their subsidies. OPTING OUT INDANE Total no. of consumers who have opted out of subsidy- 2,55,973 Annual Savings accrued till now Rs 1535838000 HP GAS Total no. of consumers who have opted out of subsidy 1,22,398 BHARAT GAS Total no. of consumers who have opted out of subsidy 52,949 Saving Rs 3,176.94 lakh Total Subsidy opted out = 4,31,320 (Four lakh thirty one thousand three hundred twenty) diversion of subsidized LPG cylinders to the commercial and industrial sectors. The scheme is expected to generate significant savings and bring down the annual LPG subsidy bill. In <strong>2015</strong>-16 Budget estimates, petroleum subsidy has been halved to Rs 30,000 crore, from estimated Rs 60,270 crore in the current fiscal. Of Rs 30,000 crore for next fiscal, Rs 22,000 crore has been earmarked for LPG subsidy and the rest is for kerosene. Government expects that about one crore well off consumers will surrender the subsidy on cooking gas after Prime Minister Narendra Modi's appeal to people not to take subsidy if they can afford to buy LPG at market price. There are about 15.3 crore LPG consumers in the country. Modi in his address to a global energy conference recently said that as many as 2.8 lakh people have surrendered LPG subsidy which has led to savings of Rs 100 crore. Oil Minister Dharmendra Pradhan has already urged ministers, MPs, MLAs, senior government officials and executives of public sector companies to give up their subsidies. Public sector oil marketing companies (OMCs) have given an option to existing LPG consumers to convert their existing domestic LPG connection into a nonsubsidised domestic connection. This can be done by submitting a written request to the distributor or electronically via www. MyLPG.in. Giving up subsidised LPG will help cut the government's subsidy bill.
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MAY 2015

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